Best Fund Administration Software in 2026
Updated
In short: Keel is ranked #1 of 30 as of 4 October 2026, ahead of Hemrock and Juniper Square. The best-ranked option with a free plan is Hemrock. The lowest first paid tier on this page is Infra One at $0.83/mo.
Managing a fund involves keeping capital activity and investor information in order. Compare capital account tracking, capital call workflows, NAV workflows, and allocation waterfalls to see which operational needs are addressed. Investor portal support and investor limits offer further points to consider, alongside free-plan availability and the paid-from price. Keel, Perfona, and aama.io open the ranking, with Fundwave also among the first entries. Think about the workflows your team handles regularly, the number of investors you need to accommodate, and whether investor-facing access matters when weighing the listed options.
30 fund administration software ranked on what their makers publish — plans and prices, free tiers, platforms and the facts on their own pages.
#1 Keel Top pick · 6.9 Free plan · £265/mo
#2 Hemrock Runner-up · 6.7 Free plan · $250/mo
#3 Juniper Square Also great · 6.5 
- Free planFree trial apiWeb
- Free plan
- Yes
- Paid from
- 500 /mo
- Investor portal
- Yes
- Capital account tracking
- Yes
- NAV workflows
- Yes
- Allocation waterfalls
- Yes
RecognisedDocumentedFree planPlatforms£265/mofirst paid tier About KeelVisit site - Free plan apiself-hostedWeb
- Free plan
- Yes
RecognisedDocumentedFree planPlatforms$250/mofirst paid tier About HemrockVisit site - AndroidapiiOSWebRecognisedDocumentedFree planPlatforms
- extensionWebRecognisedDocumentedFree planPlatforms
- AndroidapiiOSWebRecognisedDocumentedFree planPlatforms
- AndroidapiiOSWeb
- Paid from
- 800 /mo
- Investor portal
- Yes
- Capital account tracking
- Yes
- NAV workflows
- Yes
- Allocation waterfalls
- Yes
RecognisedDocumentedFree planPlatforms$800/mofirst paid tier About FundwaveVisit site - AndroidapiiOSWeb
- Free plan
- No
- Paid from
- 625 /mo
- Investor portal
- Yes
- Capital account tracking
- Yes
- NAV workflows
- Yes
- Allocation waterfalls
- Yes
RecognisedDocumentedFree planPlatforms$1,500/mofirst paid tier About aama.ioVisit site - Free trial WebWindows
- Free plan
- No
- Capital account tracking
- Yes
- NAV workflows
- Yes
- Allocation waterfalls
- Yes
RecognisedDocumentedFree planPlatforms - Web
- Free plan
- No
- Investor portal
- Yes
- Capital account tracking
- Yes
- NAV workflows
- Yes
- Allocation waterfalls
- Yes
RecognisedDocumentedFree planPlatforms$0.83/mofirst paid tier About Infra OneVisit site - Free trial Web
- Free plan
- No
- Investor portal
- Yes
- Capital account tracking
- Yes
- NAV workflows
- Yes
- Allocation waterfalls
- Yes
RecognisedDocumentedFree planPlatforms - Web
- Free plan
- No
- Investor portal
- Yes
- Capital account tracking
- Yes
- NAV workflows
- Yes
- Allocation waterfalls
- Yes
RecognisedDocumentedFree planPlatforms - Free trial apiWeb
- Free plan
- No
- Paid from
- 500 /mo
- Investor portal
- Yes
- Capital account tracking
- Yes
- NAV workflows
- Yes
- Allocation waterfalls
- Yes
RecognisedDocumentedFree planPlatforms$1,000,500/mofirst paid tier About PerfonaVisit site - Web
- Free plan
- No
- Investor portal
- Yes
- Capital account tracking
- Yes
- NAV workflows
- Yes
- Allocation waterfalls
- Yes
RecognisedDocumentedFree planPlatforms - apiWeb
- Free plan
- No
- Investor portal
- Yes
- Capital account tracking
- Yes
- NAV workflows
- Yes
- Allocation waterfalls
- Yes
RecognisedDocumentedFree planPlatforms - Web
- Investor portal
- Yes
- Capital account tracking
- Yes
- Allocation waterfalls
- Yes
RecognisedDocumentedFree planPlatforms - Web
- Investor portal
- Yes
- Capital account tracking
- Yes
- NAV workflows
- Yes
- Allocation waterfalls
- Yes
RecognisedDocumentedFree planPlatforms - Web
- Investor portal
- Yes
- Capital account tracking
- Yes
- NAV workflows
- Yes
- Allocation waterfalls
- Yes
RecognisedDocumentedFree planPlatforms - WebRecognisedDocumentedFree planPlatforms
- Web
- Investor portal
- Yes
- Capital account tracking
- Yes
- NAV workflows
- Yes
RecognisedDocumentedFree planPlatforms - Web
- Investor portal
- Yes
- Capital account tracking
- Yes
- Allocation waterfalls
- Yes
RecognisedDocumentedFree planPlatforms - Web
- Investor portal
- Yes
- Capital account tracking
- Yes
- NAV workflows
- Yes
- Allocation waterfalls
- Yes
RecognisedDocumentedFree planPlatforms - Web
- Investor portal
- Yes
- Capital account tracking
- Yes
RecognisedDocumentedFree planPlatforms -
- Investor portal
- Yes
- Capital account tracking
- Yes
- NAV workflows
- Yes
- Allocation waterfalls
- Yes
RecognisedDocumentedFree planPlatforms - Web
- Investor portal
- Yes
- Capital account tracking
- Yes
- Allocation waterfalls
- Yes
RecognisedDocumentedFree planPlatforms - Web
- Free plan
- No
- Paid from
- 297 /mo
- Investor portal
- Yes
- Capital account tracking
- Yes
- Allocation waterfalls
- Yes
RecognisedDocumentedFree planPlatforms
Is your app on this list?
Numbered spots on this list can be sponsored. They are labelled, and the editorial order and scores never change for payment.
Questions about this list
Which fund administration software is ranked first on Everything Xiaomi?
Keel is ranked #1 of 30 with a score of 6.9. Hemrock is second and Juniper Square third.
How many of these have a free plan?
2 of the 25 on this page publish a free plan on their own pricing pages.
Which is the cheapest paid option?
On this page, Infra One has the lowest first paid tier we found: $0.83/mo.
How is this list ranked?
Ranked on what each maker publishes: documentation depth, a free tier and the platforms it runs on. Paid placements never change a rank.